forecast

The US economy added 73,000 jobs in July, missing the expected 106,000, and unemployment increased to 4.2%.June’s job growth was revised from 147,000 to 14,000, and May’s job growth was revised from 144,000 to 19,000. The new report said these “were larger than normal” revisions, and there were 258,000 fewer…

The US added 147,000 jobs in June, exceeding expectations, and unemployment unexpectedly cooled to 4.1%.Economists expected job growth of 111,000 and for unemployment to increase from 4.2%, which it had been for three consecutive months, to 4.3%.May’s job growth was revised from 139,000 to 144,000, and April’s job growth was…

The year-over-year inflation rate ticked up in May to 2.4% from 2.3%, less than expected and reversing this year’s cooling trend.Economists expected the consumer price index to surge 2.5% in May from a year earlier.Morgan Stanley expected the new consumer price index report to show evidence of “tariff-driven inflation,” given…